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Bitcoin’s recent drop below its realized price points to bearish trends, with potential lows of $66,575 if selling pressure persists.
Some developing countries are viewing Bitcoin as a means to achieve financial autonomy and reduce reliance on the US dollar.
DOGE has dumped the most from the larger-cap alts.
Quick Take This is an excerpt from the thirteenth edition of The Funding sent to our verified subscribers on Nov. 3. The Funding is a fortnightly newsletter written by Yogita Khatri, The Block’s longest-serving editorial member. To subscribe to the free newsletter, click here.
Coins LUCE, GRASS, and ZEREBRO are trending on Solana, showing strong demand, transaction growth, and potential for gains.
The accusations led to swift action from OpenEden, which terminated Ng, and DWF Labs, which withdrew its funds and condemned his alleged behavior.
As Solana's price remains above critical support levels, explore what analysts expect for SOL in November following its impressive October rally.
- 14:23The Ethereum Foundation has transferred 220.45 ETH for the support of BuidlGuidlGolden Finance reports, news on February 5th, according to Solid Intel monitoring, the Ethereum Foundation transferred 220.45 ETH (about $618,000) to a multi-signature wallet an hour ago, possibly for support related to BuidlGuidl.
- 14:21Data: 1042 BTC transferred from Cumberland to CEX, valued over 100 million USDChainCatcher news, according to Whale Alert monitoring, 1042 BTC have been transferred from Cumberland to CEX, valued at 102,625,111 US dollars.
- 14:19Standard Chartered Bank: BTC will reach 500,000 USD during Trump's termAccording to Decrypt, Standard Chartered Bank predicts that the price of Bitcoin will reach $500,000 before the end of President Trump's term. Geoff Kendrick, Global Head of Digital Asset Research at Standard Chartered Bank, stated that the price of Bitcoin will reach $200,000 in 2025, rise to $300,000 in 2026, reach $400,000 in 2027 and touch $500,000 in 2028. If it reaches the expected price, Bitcoin's market value will reach $10.5 trillion USD which is about half of the current gold market value of $19.4 trillion USD. This prediction is based on a net inflow of $39 billion USD after the launch of US Bitcoin spot ETFs and a more friendly regulatory attitude towards digital assets by Trump administration.